SOLUTION: I was given this prompt: "A new car worth ​$20,000 is depreciating in value by ​$4,000 per year. Write a formula that models the​ car's value,​ y, in&#8203

Algebra ->  Equations -> SOLUTION: I was given this prompt: "A new car worth ​$20,000 is depreciating in value by ​$4,000 per year. Write a formula that models the​ car's value,​ y, in&#8203      Log On


   



Question 1016688: I was given this prompt: "A new car worth ​$20,000 is depreciating in value by ​$4,000 per year.
Write a formula that models the​ car's value,​ y, in​ dollars, after x years."
I'm not positive how to write this as an equation. A little help? Thanks.

Answer by ikleyn(52776) About Me  (Show Source):
You can put this solution on YOUR website!
.
Car's value y = $20000 - $4000*x.